Part 1 – Initial requirement:
Public Safety Canada requires the services of a Subject Matter Expert to complete an environmental scan and literature review of international methods for calculating the Return on Investment (ROI) for non-structural disaster risk reduction and mitigation activities. The goal of the literature review is to look for established international approaches to calculating ROIs for activities such as land use planning, capacity-building, resilience-building, education, etc. These types of activities are often difficult to quantify in economic terms such as ROIs, so the purpose of this research project is to understand what types of systems exist and to do a comparative analysis of the different approaches. The researcher will summarize their findings into a report that includes a list of the most effective DRR and mitigation activities as determined through the literature review.
The Contractor will focus their work on the following objectives:
1) reviewing resources and methodologies provided by the Project Authority;
2) researching missing information (i.e. not yet collected by the Project Authority) through an environmental scan of international practices, augmented by a literature review of academic critiques or analysis of different methods;
3) developing a comparative analysis of the different approaches, including any known strengths and weaknesses;
4) providing recommendations based on the research of the types of activities that provide the highest ROI;
5) summarizing the findings of the work into sections that will form part of a report.
*completed by March 31, 2024
Part 2 – Ad hoc services (Task Authorizations):
Public Safety may have a requirement to further analysis and research related to return on investments as and when required. The additional ad hoc work will be authorized with task authorizations.
